Purpose

For information

Decision

The report set out the Revenue and Capital provisional outturn position for Buckinghamshire Council for the financial year 2024/25.  The overall position was a balanced revenue outturn position.  This was a significant success, given the financial challenges experienced by the Council during the year and reflected the mitigating actions that had been successfully implemented across Cabinet Portfolios in reducing overspends, particularly in Adult Social Care and Children’s Social Care.

RESOLVED that:-

1)      the report and the success in achieving an overall balanced revenue outturn position be noted.

2)      the transfers to reserves as set out in paragraph 2.7 of the Cabinet report be approved.

3)      the overall capital outturn position of £147.1m of investment in the Council’s priorities be noted.

4)      the carry-forward of capital budgets as detailed in section 4 of the Cabinet report be approved.

5)      authority be delegated to the Section 151 Officer in consultation with the Leader to make any amendments required to finalise the outturn position.